Fixed Income Investor Information
A Strong Financial Foundation
Manageable maturity schedule and strong credit ratings provide financial flexibility for fixed income investors.
| ($ in Millions) | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 and Beyond |
Total | ||
|---|---|---|---|---|---|---|---|---|---|
| PPL Capital Funding | $0 | $0 | $0 | $0 | $650 | $1,396 | $2,046 | ||
| PPL Electric Utilities(1) | $474 | $340 | $650 | $0 | $0 | $3,075 | $4,539 | ||
| Louisville Gas & Electric(1) | $0 | $0 | $0 | $300 | $90 | $1,634 | $2,024 | ||
| Kentucky Utilities(1) | $0 | $13 | $0 | $250 | $164 | $2,215 | $2,642 | ||
| Rhode Island Energy(2) | $14 | $1 | $1 | $1 | $0 | $1,499 | $1,516 | ||
| Total Debt Maturities(3) | $488 | $354 | $651 | $551 | $904 | $9,819 | $12,767 |
Note: As of June 30, 2022.
(1) Amounts reflect the timing of any put option on municipal bonds that may be put by the holders before the bonds' final maturities.
(2) Amounts reflect sinking fund payments that are due annually until the bond's final maturity.
(3) Does not reflect unamortized debt issuance cost and unamortized premiums (discounts). At June 30, 2022, this represented a total amount of ($113 million).
Current credit ratings as of June 30, 2022
Senior Unsecured Ratings
| Entity | Moody's | S&P |
|---|---|---|
| PPL Capital Funding, Inc. | Baa1 | BBB+ |
| Rhode Island Energy | A3 | A- |
Senior Secured Ratings
| Entity | Moody's | S&P |
|---|---|---|
| Louisville Gas and Electric Company | A1 | A |
| Kentucky Utilities Company | A1 | A |
| PPL Electric Utilities Corporation | A1 | A+ |
| Rhode Island Energy | NR | A |
 |
Moody's cites improved overall business risk profile of PPL's U.S.-focused regulated portfolio.
|
PPL’s latest Sustainability Report highlights the company’s progress and approach on a wide range of environmental, social and governance initiatives.
 |
Sets 2050 net-zero carbon emissions goal, targeting 80% reduction by 2040 and 70% reduction by 2035.
Subscribe to receive timely alerts about company news, financial performance, SEC filings and upcoming events.
Individual Investors
- EQ Shareowner Services
- Transfer Agent
- 1-800-345-3085
Institutional Investors
- Andy Ludwig
- VP - Investor Relations
- 610-774-3389
- invrel@pplweb.com